Oil, gas, petrochemicals, Sonatrach, and energy sector developments
Oil prices continued to decline today, Thursday, as Brent crude fell to $73 a barrel for the first time since the outbreak of the Iran War and the closure of the Strait of Hormuz at the end of February.
iqtissadalbalad.dz
Today, Thursday in Moscow, Minister of State, Minister of Energy, Mohamed Arqab, held talks with the Russian Deputy Prime Minister for Energy, Alexander Novak, where the strength of bilateral relations was confirmed, which have seen increasing momentum since the signing of the deep strategic partnership declaration in June 2023, reflecting the shared will of the leaderships of both countries to elevate bilateral cooperation to broader and more diverse levels, according to a statement from the Ministry of Energy.
radioalgerie.dz
Today, Thursday in Moscow, the Minister of State, Minister of Hydrocarbons, Mohamed Arkab, discussed with the Russian Minister of Energy, Sergey Tsivilev, ways to enhance bilateral cooperation in the fields of energy and hydrocarbons, on the eve of the thirteenth session of the Algerian-Russian Joint Governmental Committee for Economic, Commercial, Scientific, and Technical Cooperation, according to a statement from the ministry.
radioalgerie.dz
The decline continues for the fifth consecutive session.
elkhabar.com
Arkab talks in Moscow with the Minister of Natural Resources and Environment of the Russian Federation.
elkhabar.com
Brent crude fell by more than three dollars at settlement yesterday, Wednesday, to its lowest levels. Brent futures dropped by $3.34, or 4.3%, to $73.74 per barrel at settlement, while West Texas Intermediate crude fell by $2.87 or 3.9%, to $70.34 per barrel.
radioalgerie.dz
In anticipation of the thirteenth session of the Algerian-Russian Joint Government Committee for Economic, Trade, Scientific, and Technical Cooperation, the Minister of State, Minister of Energy, Mohamed Arqab, held talks today, Thursday, in Moscow with the Minister of Natural Resources and Environment of the Russian Federation, Mr. Alexander Kozlov, in the presence of the Algerian Ambassador to the Russian Federation and the Russian Ambassador to Algeria, the President of the National Agency for the Valorization of Hydrocarbon Resources, Mr. Samir Bakhti, the President of the Hydrocarbons Reg...
radioalgerie.dz
Vienna - Algeria, represented by the Minister of Internal Trade and National Market Regulation, Amaal Abdel Latif, chaired today, Wednesday, in the Austrian capital Vienna, the meeting of the Ministerial Council of the OPEC Fund for International Development (OFID), as part of its presidency of this body for one year.
aps.dz
Algeria, represented by the Minister of Internal Trade and National Market Regulation, Amaal Abdel Latif, chaired the ministerial council meeting of the OPEC Fund for Development.
echaab.dz
On Wednesday, Algeria will chair the ministerial council of the OPEC Fund for International Development (OFID) in the Austrian capital Vienna, after holding the presidency of this body for a full year. Algeria took over the presidency of the fund's ministerial council from the Republic of Venezuela during the annual session of the council. This step reflects the trust that the country enjoys within the institution affiliated with the member states of the Organization of the Petroleum Exporting Countries (OPEC).
echoroukonline.com
The Naftal company delegation continued its field mission in Niger by inspecting energy facilities and investment sites, aimed at assessing cooperation and investment opportunities outlined in the memorandum of understanding signed with the Nigerien Petroleum Company 'SONIDEP', according to a statement from the company. These visits included inspecting several facilities belonging to SONIDEP in the city of Zinder, where the delegation observed the state of the infrastructure dedicated to the storage and distribution of petroleum products.
al24news.dz
The Naftal company delegation continued its field mission in Niger by inspecting energy facilities and investment sites, aiming to assess cooperation and investment opportunities outlined in the memorandum of understanding signed with the Nigerien Petroleum Company 'SONIDEP', according to a statement from the company. These visits included inspecting several facilities belonging to SONIDEP in the city of Zinder, where the delegation observed the state of the infrastructure dedicated to the storage and distribution of petroleum products.
al24news.dz